Heritage Wealth Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Heritage Wealth Management reports 218 clients. They include 133 individual clients, 82 high-net-worth individuals and 2 charitable organizations. Of its assets, 100.0% ($153M across 369 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 61% | 25% |
| High-net-worth individuals | 38% | 74% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 133 | $37.8M | 24.7% | $284K |
| High-net-worth individuals | 82 | $114M | 74.4% | $1.39M |
| Charitable organizations | Fewer than 5 | $1.18M | 0.8% | $588K |
| Corporations and other businesses | Fewer than 5 | $232K | 0.2% | $232K |
| Total | 218 | $153M | 100% | — |
- Clients
- 133
- Regulatory AUM
- $37.8M
- AUM share
- 24.7%
- Avg. per client
- $284K
- Clients
- 82
- Regulatory AUM
- $114M
- AUM share
- 74.4%
- Avg. per client
- $1.39M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.18M
- AUM share
- 0.8%
- Avg. per client
- $588K
- Clients
- Fewer than 5
- Regulatory AUM
- $232K
- AUM share
- 0.2%
- Avg. per client
- $232K
Total
- Clients
- 218
- Regulatory AUM
- $153M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Heritage Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Consulting
- Consulting is billed at $400 per hour or as a fixed fee of $5,000 to $25,000, negotiable.
Vincent Serratore owns 75% or more of Heritage Wealth Management. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 insurance agent
- Owns 75% or more of Heritage Wealth Management, Inc.
Vincent Serratore
Control person · since November 2011
Heritage Wealth Management’s regulatory assets grew from $118M (June 2025) to $153M (August 2026); clients rose from 195 to 218 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Aug 2026August 2026 | $153M | 218 | 2 | 3 |
| Jun 2025June 2025 | $118M | 195 | 2 | 3 |
Besides its headquarters, Heritage Wealth Management has 2 offices (1 private residence, listed without an address), with 2 listed addresses in 1 state.
Massachusetts · 2 listed addresses
- 100 Trade Center Drive, Suite G-700, WoburnHQ
- 75 Second Avenue, Needham
Contact and registration details
- Legal name
- Heritage Wealth Management, Inc.
- Headquarters
- 100 Trade Center Drive, Suite G-700, Woburn, MA 01801
- Website
- Not reported
- Phone
- 800-620-9330
- @3632542
- SEC file
- 801-132674
- Structure
- Massachusetts corporation
- Fiscal year end
- December
Heritage Wealth Management’s named custodian for separately managed accounts is Charles Schwab ($153M). Heritage Wealth Management has custody of $66M for 89 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $153M100%
At year end, Heritage Wealth Management’s separately managed accounts were mostly in stocks (61%) and funds (36%).
What the accounts hold
- Stocks61%
- Funds36%
- Bonds3%
- U.S. government and agency bonds1%
- State and local bonds1%
- Investment grade corporate bonds1%
How many clients does Heritage Wealth Management have?
Heritage Wealth Management has 218 clients and manages $153 million for them, as of August 2026. They include 133 individual clients, 82 high-net-worth individuals and 2 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 August 2026
What services does Heritage Wealth Management offer?
Heritage Wealth Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Heritage Wealth Management use?
Heritage Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $153M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 August 2026
How many financial advisors does Heritage Wealth Management have?
Heritage Wealth Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Heritage Wealth Management invest in?
At the end of its last fiscal year, Heritage Wealth Management’s separately managed accounts held 61% exchange-traded equities, 36% registered funds (mutual funds, ETFs, BDCs), 1% U.S. government and agency bonds, 1% state and local bonds and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Heritage Wealth Management?
Heritage Wealth Management’s direct owner is Vincent Serratore (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 4 August 2026
How does Heritage Wealth Management get paid?
Heritage Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Heritage Wealth Management?
Heritage Wealth Management’s main office is at 100 Trade Center Drive, Suite G-700, Woburn, MA 01801. Its phone number is 800-620-9330.
